Best NHL Betting Sites May, 2024 – How to Bet on the NHL

NHL betting is clearly a huge market in the blossoming US gambling scene, with 22% of Americans claiming to follow hockey religiously, according to a recent Statista survey. But which are the best sportsbooks to find that all-important value on the puck line?

That is what SportsTalkPhilly is here to assist with. Our expert team has aggregated a list of 10 NHL betting sites with competitive odds, year-round bonuses, NHL specials, and futures bets. We have also provided you with insights on everything you need to know about NHL betting, including the types of banking available and how to register an account.

  • All

50% Welcome Bonus Up To $1,000

50% Welcome Bonus Up To $1,000

  • Lightning fast payment processing with winnings paid in minutes
  • A trusted brand with over 25 years operating in the online sports betting and casino space
  • Generous VIP program with monthly bonuses, reloads and rebates
5 Stars BetOnline Sports US
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125% Deposit Bonus Up To $1,250

125% Deposit Bonus Up To $1,250

  • No fees when you withdraw using Visa, Mastercard, Skrill & PayPal
  • In-play sports betting with full live streaming suite
  • Known for deposit match promotions, free bets and more amazing bonuses
5 Stars BetWhale Sports US
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50% Deposit Match Up To $250

50% Deposit Match Up To $250

  • A trusted brand that's provided a safe betting experience since 2011
  • A huge variety of markets including entertainment, politics, esports, and virtual sports
  • Parlay boosters available with cross sport functionality
5 Stars Bovada Sports US
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Instant 200% Bonus Up To 10ETH

Instant 200% Bonus Up To 10ETH

  • The world's first sportsbook based on the Telegram app
  • Free withdrawals processed instantly when using crypto
  • Wager using the $TGC coin and recieve cash back on losses
5 Stars TG Casino Sports US
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100% Deposit Bonus Up To $500

100% Deposit Bonus Up To $500

  • A reputable online sportsbook that's been operating since 1996
  • Win one of 20 x $50 free parlay bets in the weekly draw
  • Bet in-play on numerous sports at once using the live multi-view feature
5 Stars Everygame Sports US
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150% Deposit Bonus Up To $750

150% Deposit Bonus Up To $750

  • New VIP program available; claim no-sweat bets and cash reloads
  • 8% rebates available at the Racebook
  • Unique comps, including Survivor and Squares
5 Stars MyBookie Sports US
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125% Bonus + 10% Gambler's Insurance

125% Bonus + 10% Gambler's Insurance

  • Multiple additional crypto and reload bonuses available
  • Free betting picks and tips in The Locker Room and via BetUS-TV
  • 30 years of experience in the North American market
5 Stars BetUS Sports US
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200% Crypto Bonus

200% Crypto Bonus

  • Create your own unique wagers using the prop builder tool
  • Excellent rebate promotion - win cash back on every losing wager
  • Highest parlay and Vegas teaser payouts in the industry
5 Stars BetNow Sports US
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First Deposit Bonus Up To $500 + $10 Casino Chip

First Deposit Bonus Up To $500 + $10 Casino Chip

  • 25% up to $250 reload bonus available on every subsequent deposit
  • Standalone Racebook incorporated with global thoroughbred and harness racing lines
  • Play NFL Survivor from September - January
5 Stars XBet Sports US
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100% Deposit Bonus Up To $2,500

100% Deposit Bonus Up To $2,500

  • $150 Racebook bonus + 10% horse racing rebates
  • Live-stream NFL, NBA, & NCAA games while you bet
  • Win huge cash prizes with low stakes playing Squares
5 Stars BUSR Sports US
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List of the Best NHL Betting Sites 2024

Below are our top 10 recommended online sportsbooks for betting on the NHL Draft, regular, and postseason shows. These NHL betting sites are based offshore, and our team has ensured they are all licensed, verified, and safe to play at.

  1. BetOnline – Best Overall NHL Betting Site in 2024
  2. Bovada – Enjoy Odds Boosts on Parlays
  3. MyBookie – Unique Betting Markets like 1st Period and Series Correct Score
  4. BetUS – Enjoy the Largest Welcome Promo in the Industry and Regular NHL Specials
  5. BetWhale – Low Withdrawal Charges
  6. BetNow – Get 2% Cashback on Your Losses
  7. XBet  – Explore Exciting Futures Bets at Great Odds
  8. – Best Risk-Free Prop and Live Bets for NHL markets
  9. BUSR – Strong Selection of NHL Prop Bets, Including Puck Line Alternates
  10. Jazz – Deep Hockey Markets & Free Live Wagers to Claim

NHL Sportsbook Reviews

After extensive research, we have highlighted these offshore sportsbooks as our best NHL betting sites. What makes them stand out from the rest? Let’s see.

1. BetOnline – Best Overall NHL Betting Site in 2024

NHL BetOnline

BetOnline is our top pick for betting on the NHL. This offshore-based sportsbook, established in 2004 and licensed in Panama, is one of the oldest sportsbooks around and has a high credibility rating among bettors. It is also one of the sharpest sportsbooks around, with odds for the big tournaments released earlier than most rivals, with re-bets enabled and higher limits on offer for VIPs.

We love BetOnline for its numerous betting markets. You can explore betting lines on the Stanley Cup, place individual and team prop bets, or futures bets on Divisional Conferences. You can also bet live on your favorite NHL games. Additionally, the platform provides mega parlays, same-game parlays, a props builder, and odds boosts for select games. On the website, you will find other hockey betting markets like the American Hockey League (AHL), Canadian Hockey League (CHL), and IIHF World Championship.

BetOnline has an attractive welcome bonus (50% of your first deposit up to $1,000) on your first bet. But it doesn’t stop at initial incentives. It also ensures ongoing excitement and value through regular free-entry contests like Puck Drop Pick’em and Predictor contests. The 2024 $10,000 Stanley Cup Playoffs predictor contest was one contest we really liked. All you had to do was answer a few questions, and everyone from 1st to 500th place was rewarded.


  • Competitive odds
  • Extensive range of  betting markets
  • Regular promotions and free-entry contests
  • Provides prop builder and odds boosts
  • Same-game parlays are available


  • Does not provide eWallet options like PayPal and Neteller


2. Bovada – Enjoy Odds Boosts on Parlays

NHL Bovada

Bovada is a Curacao-licensed NHL betting site launched in 2010. It is exclusive to Americans, though it should be noted that it’s not available in every US state.

In the off-season, you can find futures bets on the NHL Draft, Stanley Cup, and Seasonal Awards, like the Conn Smythe trophy. You get a lot more when the season gets underway, though. Expect to see NHL live betting markets, alternate lines, team/player props, first goalscorer, correct score per period, and who will score first betting markets, plus dozens more options. Aside from the NHL, Bovada also takes wagers on the IIHF World Championship and the AHL, but the line selection isn’t as varied.

Perhaps the site’s biggest attraction is the odds boosts on parlays. By placing a parlay wager, you automatically enter a prize draw to win rewards points, which you can then convert into bonuses at the Bovada Rewards Store. In addition, this platform provides two welcome offers: one for fiat and one for crypto depositors, with a combined value of $1,000 in deposit match bonus funds.


  • Odds boosts on parlays
  • Wide range of NHL betting options
  • Crypto and fiat welcome bonuses
  • IIHF and AHL betting markets


  • Limited crypto deposit options


3. MyBookie – Unique Betting Markets like Series Correct Score

NHL MyBookie

MyBookie, launched in 2014, might be a newer arrival to the NHL betting scene, but it evidently has everything it takes to compete with the big guns. You will find betting lines and competitive betting odds on NHL 1st periods, series correct score, playoff series, and futures like the NHL Draft and Stanley Cup winner.

Like BetOnline, it offers same-game parlays, allowing you to combine multiple bets from the same game into one wager. It also offers live betting options so you can take advantage of favorable odds before betting lines are adjusted. If you’re one for contests, you will find many here, one of which is the Jackpot progressive parlay contest. Although this contest is not free, the entry limit is quite low ($1).

Finally, MyBookie has a blog section where you can read to stay current with NHL events. You can also find previews and predictions on upcoming games, which can help you make better betting decisions.


  • Good range of bonuses
  • Exciting contests when the season gets underway
  • Easy entry requirements for contests
  • Has a blog section for betting updates and game preview


  • Website UI isn’t as modern as its competitors


4. BetUS – Huge Welcome Promo & Regular NHL Specials


BetUS is another oldie but goldie. The Central-America licensed sportsbook has been in the US betting industry for about 30 years running and has earned a reputation for exciting props and futures bets.

Not many NHL betting sites can rival BetUS’ welcome offer. A 125% bonus up to $2,500 on your first 3 deposits is considered generous by any standard. You will find competitive odds and a solid selection of NHL specials, including the NHL Draft Lottery Winner, Stanley Cup, and individual prop bets like ‘From which zone will Alexander Ovechkin break Watne Gretzky’s goal record?’ and ‘With which opponent will Alexander Ovechkin break Wayne Gretzky’s goal record?’ to name just a couple.

Like BetOnline, BetUS has a prop builder that allows you to make parlays from the same game. Daily specials sometimes offer odds boosts. BetUS also has a unique feature called ‘The Locker Room‘ that lets patrons stay updated on the latest betting updates and garner expert picks on NHL games.


  • 125% welcome bonus up to $2,500
  • NHL Specials
  • Extensive prop betting options
  • Free picks and tips in The Locker Room
  • Prop builder and same-game parlay betting options


  • High deposit requirement for welcome bonus


5. BetWhale – Low Withdrawal Charges

NHL BetWhale

BetWhale is a robust betting site with an exceptional range of betting lines across domestic and foreign leagues. You can bet on the NHL, AHL, and IIHF World Championship. It also has rich individual prop bet options.

A further perk of this platform is its easy-to-use parlay tool for creating customized bets. Its minus odds are also highly competitive. For instance, it is not unusual to see odds of -105 to -107 on spreads and totals compared to the standard -110 you may get elsewhere. In addition, as a registered patron, each time you make a deposit, you can receive up to 50% odds boosts on select markets, which include NHL lines.

Although BetWhale offers limited deposit options (credit card, prepaid voucher, crypto), it compensates for this by offering fee-free withdrawals via crypto, credit cards, and bank wire.


  • Competitive minus odds
  • Easy-to-use parlay tools
  • Low withdrawal fees


  • Limited deposit options

Best NHL Betting Sites Compared

The table below compares our favorite betting site picks based on welcome bonuses, contests, bet types, and live betting and streaming features.

Sportsbook Welcome Bonus Promo Code NHL Live Betting NHL Live Streaming NHL Draft Betting Futures Parlays NHL Contests
BetOnline 50% up to $1,000 BET1000
Bovada 50% up to $250 BVD1000
MyBookie 50% up to $1,000 MYB50
BetUS 100% up to $2,500 JOIN125
BetWhale 125% up to $1,250 WHALECOME
BetNow 100% up to $1,000 BN100
XBet 50% up to $500 XBET50 100% up to $500 x2 DOUBLEUP
BUSR 100% up to $2,500 SPORTS100FP
Jazz 75% up to $2,500 JAZZ100

How We Select the Best NHL Betting Apps

Our expert team of analysts has put a lot of effort and billable hours into researching betting apps and sites and what they have on offer for users. This ranking is a result of all of that work. The criteria considered when curating this list include:

Range of Bets

A wide range of betting options is analogous to more winning opportunities. Thus, we have prioritized sportsbooks with extensive betting markets. These include moneyline, totals, same-game parlays, handicaps, futures, props, and 3-way moneyline. Our top picks also have betting options on the NHL series, Conferences, Stanley Cup, and other hockey leagues like the AHL and CHL.

Bonus and Promotions

Like you, we are suckers for freebies and, thus, have narrowed our search to only include NHL betting sites with juicy bonuses and promotions. Many betting sites promise bonuses, but how many are easy to claim? We weeded out those with hard-to-claim bonuses and have listed only those with relatively easy requirements. Some of these promotions include welcome offers, free bets, reload bonuses, VIP programs, and free-to-enter content.

Safety and Security

At SportsTalkPhilly, we prioritize customer safety and security and consider this when making our list. All highlighted betting sites have verifiable licenses from reputable jurisdictions. They also have SSL encryption protocol and two-factor authentication to ensure safe and secure transactions. Finally, our experts reviewed discussions on NHL betting forums to see opinions on these sites regarding safety and security.

Payment Methods

Multiple payment methods are non-negotiables. We all want convenience, and we encourage our readers to stick with betting sites that offer it. Our recommended picks offer a wide range of payment methods, including bank transfers, debit/credit cards, and eWallets like Paypal, Skrill, and Neteller.

Live Betting and Live Streaming

We have selected options with live betting options for NHL games, including moneyline and individual prop bets. In addition, some of our picks also have a live streaming option, allowing you to watch the game unfold in real-time and place bets on perceived favorable odds before betting lines are adjusted.

Customer Support

Customer feedback is very important. Sadly, not everyone takes it seriously, even though they should. Our recommended picks are customer-centric and willing to take customer feedback and act on it. We targeted sites with multiple customer support channels like live chats, toll-free phone numbers, and emails so customers can get help via any means they deem most convenient.

Is NHL Betting Legal in the US?

Each state in the US has its own betting laws. The state legislature determines the governing laws on NHL betting, which differ from state to state. This table summarizes the legal status of NHL retail, online, live, and draft betting in every US state.

State Retail NHL Betting Online NHL Betting NHL Live Betting NHL Draft Betting
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Rhode Island
South Carolina
South Dakota
Washington, D.C.
West Virginia

Types of Bonuses Available at NHL Sportsbooks

Sports bonuses are all too important for any bettor. They may augment your bankroll (deposit bonus), increase potential payout (odds boosts), or provide a low-risk environment to experiment with strategies (risk-free bets). The following are the most common bonuses you will find on NHL betting apps.

Deposit Match Welcome Promotion

These are welcome promotions and bonuses offered by NHL sportsbooks as an incentive to newcomers and first-timers. Generally, you qualify for this promotion when you sign up and make your first deposit. The type of deposit may inform the exact promotion one qualifies for. With many NHL betting sites, the welcome bonus for a credit card deposit differs from that for a crypto deposit.

Reload Bonus

Reload bonuses, unlike welcome bonuses, are targeted at existing customers. They are bonuses for making additional deposits into one’s betting account. Usually, the sportsbook will specify the minimum deposit amount for one to qualify for the bonus. Some sportsbooks may require one to enter a promo code when making a deposit to claim the bonus.

No-Sweat Bet

A no-sweat bet, also known as a risk-free bet, is a type of sportsbook promotion in which the sportsbook offers to refund your bet—in full or in part—if the bet loses. This refund may be in the form of site credit or a free bet. You can’t usually withdraw the free bets as cash, but you can use them on the betting site.

Odds Boosts

As the name suggests, odds boosts offer potentially higher payouts for the same wager on a point spread, totals, or moneyline bet on certain game(s). They are also known as enhanced odds. Since an odds boost promotion puts the bettor at an edge, sportsbooks typically lower the wagering limits on the games involved.

Cash Rebates

Cash rebates, also known as cash backs, are cash prizes awarded to bettors based on the total value of wagers they have placed over a period. This period varies from one sportsbook to another. Just like no-sweat bets, they can be considered insurance against a losing bet.

Crypto Promos

They are promos and bonuses bettors qualify for transacting on an NHL betting site using cryptocurrencies. Popular crypto promos are crypto cashback, rebates, free bets, and welcome, deposit, and reload bonuses. An example is BetUS’ 200% sign-up crypto promo. However, to qualify, you must make a minimum deposit of $100 in crypto.

NHL Specials & Contests

These are special betting options on players, teams, and winning steaks that come up during special tournaments. They may also include bracket challenges, Stanley Cup bonuses, contests, parlay insurance, and odds boosts for particular games. For instance, BetOnline has a $10,000 NHL playoffs predictor contest, in which each bettor can win cash for correctly predicting the playoff winner.

  • Predictor contests – BetOnline
  • NHL Draft specials – BetUS
  • Puck Drop Pick’em contests – BetOnline
  • NHL Stanley Cup Finals Exact Matchup – BetOnline

Bonus Comparison at the Best Hockey Betting Sites

You can see exactly what bonuses are on offer at each of our ranked hockey betting sites for 2024 in the table below:

Sportsbook Welcome Bonus Reload Bonus No-Sweat Bets Odds Boosts Cash Rebates Crypto Promos Specials
BetOnline 50% up to $1,000 25% up to $250 One-time $50 prop bet   Parlays, futures, and props 30% reload bonus Reduced Juice NHL; What the Puck
Bovada 50% up to $250 100% up to $1,000 Up to $50 live wagers   Parlay booster % of cashback depends on position on Rewards ladder 75% deposit bonus up to $750 Boosted parlay odds
MyBookie 50% up to $1,000 50% up to $1,250 $20 prop wagers Daily specials (see sportsbook)
BetUS 100% up to $2,500 100% up to $2,500 Up to 10% of the most recent deposit amount Daily booster Extra 20% on crypto deposits Individual prop bets and NHL Draft lottery winner
BetWhale 125% up to $1,000 Unlimited 50% match bonus $50 player prop Daily Booster 250% first deposit bonus
BetNow 100% up to $1,000 25% up to $500 2% of net loss minus bonus received in the week
XBet 50% up to $500 25% up to $250 25% reload bonus up to $250 100% up to $500 25% up to $250 Up to $100 on live wagers Daily booster $100 risk-free player prop wager 100% crypto welcome bonus up to $1,000 $10,000 NHL playoffs predictor and futures bet
BUSR 100% up to $2,500 Up to $100 50% up to $1,000 Up to $1,000 bonus
Jazz 100% up to $2,500 20% up to $500 $25 for props builder 20% end-of-month cash back sportsbook promotion Up to $2,500 deposit bonus Stanley Cup Playoffs

Payment Methods at the Best Hockey Sportsbooks

The best NHL betting sites support extensive payment methods to make transactions simple and hassle-free for its users. The table below shows the most common payment methods with our recommended NHL sports betting apps.

Payment Method About Examples
  • Zero gas fees
  • Quick payouts
  • No third-party intermediaries
  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Ethereum
Traditional Payment Methods
  • Easy to use
  • Might incur extra charges, e.g., overdraft
  • Trusted and dependable
  • Debit cards
  • Credit cards
  • Bank transfers
  • Payment vouchers
  • Secure payment option
  • Convenient to use
  • Skrill can make cash-crypto trades quickly for crypto welcome bonuses
  • PayPal
  • Skrill
  • Neteller
  • ecoPayz

Deposit Options

You can fund your account with Bitcoin, Altcoins, debit cards, etc. The table below shows our top picks and their respective deposit options.

Sportsbook Bitcoin Altcoins E-wallet Debit / Credit Cards Bank Transfer Gift Cards

Withdrawal Options

Have you hit paydirt yet? You can withdraw your earnings now. These are the options available on our recommended NHL betting sites.

Sportsbook Bitcoin Altcoins E-wallet Debit / Credit Cards Bank Transfer Gift Cards
BetOnline  ❌

NHL Betting Apps & Mobile Wagering

It’s no coincidence that retail betting figures have significantly reduced over the years. This is because more people these days prefer to bet online than in person, and it is easy to see why. In states where sports betting isn’t legal, you cannot walk into betting shops to place bets. But you can use offshore sportsbooks, which are accessible on mobile!

All you have to do is visit the website, create an account, make a deposit, and start playing. Although none of our recommended NHL sportsbooks have downloadable apps available on iPhone or Android stores, their websites still offer the same capabilities as these apps. You can bookmark pages from these sites and get notifications like you would with downloadable mobile apps. These are some of the pros and cons of NHL betting apps.

Advantages of NHL betting apps

  • 24/7 access to all wagering action
  • Increased security: 2FA, facial recognition, etc.
  • Convenience
  • App-specific bonuses and promotions

Disadvantages of NHL betting apps

  • Longer payout times compared to retail NHL betting
  • Enables gambling addiction
  • Uses up memory on your mobile device

How to Read NHL Odds

NHL odds can get all too confusing if you’re a first-timer, but it is a walk in the park. Let’s go over the basics:

NHL odds are usually based on a $100 wager. A minus bet is used for the favorite, and a plus bet is used for the underdog.

On a betting site, you could see moneyline betting lines like Montreal Canadiens (+110) and Florida Panthers (-110). In this case, the latter is considered the favorite and the former the underdog. If you favor the Panthers to win, you must place a $110 wager on the team to win $100. However, if you would rather bet on the Canadiens, you must wager $100 to get a profit of $110.

A puck line works similarly. However, rather than bet on the game’s outcome, you are betting on a spread. Consider a puck line of Detroit Red Wings -1.5 (+150); Boston Bruins +1.5 (-170).

For a bet on the Red Wings to win, they must win the game by a two-goal margin, while a bet on the Bruins wins only if they outrightly win the game or lose by less than two goals. Betting $100 on the Red Wings to cover the puck line at odds of +150 would yield a profit of $150 if the bet wins. On the other hand, you would need to bet $170 on the Bruins to win $100 if the bet wins.

Popular NHL Betting Lines

Do you know your betting lines? What lines are you familiar with? Here are some of the most popular betting lines and their meanings.


Betting the moneyline simply involves picking what side you think will win the game. Typically, each team is assigned a moneyline that reflects the implied probability of them coming out on top.


It is the NHL’s equivalent of a point spread. Unlike a moneyline, which involves betting on outcomes, a puck line involves betting on a game’s victory margin.

Total points

This is wagering on an NHL game’s total combined score or points. The oddsmaker sets an expected total number of goals, and bettors predict whether the final score will be under or over that total.


Futures bets are bets on games and events that will happen later in the future. Typical futures bets include predicting who will win the Stanley Cup, Hart Memorial Trophy, Playoff Series, or Conference even before the season begins.


Parlays let you wager one amount on different betting markets and games or the same game for a potentially larger payout. If you pick multiple bets to make a parlay, all the bets must win for the parlay to pay out.

NHL Live Betting

Sometimes, you want to see a game’s dynamics for yourself before placing your bets rather than solely relying on pre-game previews and predictions. NHL Live betting allows you to place your bets while a game unfolds.

What are NHL Betting Splits?

NHL betting splits show the percentage of cash wagered on each side of a bet. This is slightly different from the NHL public betting percentage, which shows the percentage of bets placed on each side of an NHL betting line. Here’s a little explanation to help you understand.

In a game between the Las Vegas Golden Knights and Tampa Bay Lightning, a higher percentage of bets may be placed on the Golden Knights, while the percentage of money wagered on the Lightning may be more because of a few large bets.

Studying betting splits can help you find value in bets. Betting against the bandwagon, for example, can be very rewarding if your bet wins.

Important Dates for Betting on NHL

The NHL schedule can get crowded sometimes, making it difficult to keep track of the dates. This table summarizes the most important NHL betting dates to keep in mind.

Event Date
NHL Draft June 28-29, 2024
NHL Regular Season October 2024 – April 2025
Stanley Cup Playoffs April 28th – May 20th
Stanley Cup Finals Usually in early-mid June
NHL Winter Classic December 31, 2024

The 2024-25 NHL schedule should be rolled out sometime in June. A total of 82 games will be played this season. We will be updating this section as events unfold.

Most Popular Teams for NHL Betting in 2024

These are some of the most popular NHL betting picks in the 2024-25 NHL season.

Toronto Maple Leafs

If you have a bias for Canadian teams, the Toronto Maple Leafs is one team to bet on to win the 2025 NHL Stanley Cup. The Maple Leafs, who have the second most Stanley Cups, haven’t won any titles since they last did in 1967. They have managed to build one of the strongest rosters in the league, though. Their big forwards, led by Auston Matthews, are in a class of their own and could power them to victory this term. They are a great pick for a futures bet if you like long shots.

Tampa Bay Lightning

You can count on Tampa Bay making the 2024-25 postseason. Everyone knows this, the odds books know too. This is a good bet to place if you want to play safe. The Bolts have made it to the playoffs every year since 2018, and have won the Stanley Cup Championship twice within this period. They were fourth in the Atlantic Division standings last season and with a strong team, and an opportunity to attract young talents at the Draft, we see them making another playoff.

Detroit Red Wings

You can bet on the Wings winning 15+ games in front of their home fans. Last season, they won 23 at the Little Caesars Arena and have consistently met the 15 mark for the past 10 seasons, save for the 2019-20 and 2020-21 seasons when they had really abysmal performances. Now a contender for the postseason, this could be a good value bet to place.

Best NHL Players to Bet on in 2024

At the time of writing, the Stanley Cup is still underway, and there are many games that we can sink our teeth into. Auston Matthews, Cale Makar, and Nathan Mackinnon have all shone in the postseason and are expected to carry on their form into the regular season. These are some of the NHL players for whom you should have your eyes peeled this year.

Auston Matthews

The Toronto Maple Leaf’s star has been racking up good numbers for the Ontario team for many seasons coming. However, the 2023-24 season was arguably his best all-round performance. He proved to anyone who cared to notice that he could dominate on the offense without sacrificing his two-way game, scoring 69 goals (best in the season) and blocking 93 shots (2nd best among forwards). We back Auston Matthews to score 40+ goals in the regular season. The center has averaged 40+ goals for seven straight seasons and shows no signs of stopping soon.

Connor McDavid

Many bettors back Edmonton Oilers center Connor to win the Conn Smythe Trophy (MVP at the Stanley Cup). The Oilers and Colorado Avalanche are the favorites to win the Stanley Cup. But if the Oilers win, Connor should be MVP. He’s been their best man in the playoffs and regular season. Only five players have ever won the Conn Smythe without winning the Stanley Cup. Connor is listed at +550 on Bovada to win the trophy.

Top Tips for Betting on the NHL

Here are some NHL betting tips to help you if you are new to betting on the NHL.

betus - locker room nhl betting tips

1. Wager Responsibly

Keep in mind that no matter how good-looking a bet might be, there’s a fair chance you’ll lose it, too. Therefore, only bet what you can afford to lose. Set a realistic betting budget for yourself, and never go outside it. Chasing losses often does no good, either. NHL betting is not a shortcut to financial success.

2. Pay Attention to Streaks

Riding the streak rather than betting against it is often a good decision. For instance, if a team gets its key injured players back into the lineup and is on a four-game winning streak, a safe bet would be backing them for another win in their fifth game.

3. Look for value in away teams

Oddsmakers typically set their odds based on overall record and power ratings. So, you might find some value in betting on teams that do well on the road. Unlike with other sports like the NBA, playing at home doesn’t necessarily give the home team an advantage. An example is the Dallas Stars, with the best (26-10-5) on-the-road record in the 2023-24 season. You might find value in betting on them even if oddsmakers favor the opposition.

4. Consider Special Teams

When there’s a penalty, each team is expected to field its special teams, which could be penalty killers or power play units. Experience has shown that the performance of these special teams can make a huge difference in whether a game ends over or under the total. The score tends to go over the total when the teams playing have porous penalty killings and/or good power plays.

5. Look up the Starting Goalie

Sometimes, because of upcoming Championships or more important games, some teams may choose to give their starting goalie a rest. This often happens without significant notice before a game, so it may not be reflected adequately in the odds. If the backup is starting and is not considered a very good goalie, you may find better value in betting against them.

Best Hockey Betting Strategies

Although no strategy guarantees you will always beat the oddsmakers, there are a few that can help you profit in the long term. These strategies can edge you closer to making sizable profits every betting week.

Bet Against the Bandwagon

Our best strategy is probably betting against the public. The idea is that, more often than not, the public backs the favorite, throwing off the odds and making the favorite’s odds relatively low.

We encourage taking a chance on the underdog if their current form (going by the last 10 and streak listed on the standings) shows they are in better shape. Throw your hat in the ring, bet against the bandwagon, and you might just get some good value there. True value is in understanding when lines aren’t as they should be and placing the appropriate bets.

Pay Attention to Team Rosters

Have you taken a look at that team’s roster? You should! Sometimes, teams rest players because of minor injuries or more important games ahead. There are two ways to bet on this – You could bet on the underdog if the favorites are sitting out important players or on the favorites if you think they have enough depth. Let’s consider the Edmonton Oilers against the Nashville Predators, for instance.

Years back, the Oilers resting McDavid or Draisaitl almost automatically meant losing. However, with players like Nugent-Hopkins on the roster, you should probably still favor the Oilers, even if more public sentiments are for the Predators. The Oilers have great depth, with three players getting over the century mark in the 2023-24 season. Coincidentally, they also have the most incidents of a player hitting 100 points.

Do not Bet on Every NHL Game

It is a rookie mistake to bet on every game played daily. Hence, we encourage you to place bets only on teams you have very strong opinions about. If the betting site allows, you can pick different bet options from the same game(same-game parlays). MyBookie allows same-game parlays.

By all means, avoid placing bets on every game just to have action on it. If you like to take chances, consider betting only small amounts. Betting blindly is never a strategy; it leaves things to luck.

Read Expert Previews and Predictions

It’s good practice to look up expert previews and predictions before betting on any game. These previews summarize the teams’ stats, including head-to-head statistics, current form, and even injury lists. Consequently, you will be able to make more informed betting decisions.

It helps if the sportsbook has a preview/predictions page. You can read expert opinions and bet accordingly within the same platform. BetUS is one such site. On BetUS, you can find expert analysis on individual prop bet picks and teams to watch out for ahead of the next betting week.

Tackling the Over/Under Market

This is a very effective NHL betting strategy. However, the trick here isn’t to bet on overs for a team that consistently scores above a number of goals. For instance, betting on the Maple Leafs to score over 3.5 goals after having done that for six consecutive games.

The value here is noticing a difference in a team’s style of play due to injuries. An example is if the Vancouver Canucks lose two or more regular defensemen, the blue-liners are forced to play with defensemen they aren’t used to playing with. This potentially increases the amount of breakdowns and can result in more turnovers and giveaways of the puck in the defensive zone. A good example is the Ottawa Senators in the 2020-21 season, losing multiple defensemen and going 10-1 over the total in their following 11 games.

Other Hockey Markets Featured on Offshore Sportsbooks

Some of the other hockey markets you can find on offshore sportsbooks include:

  • Canadian Hockey League (CHL)  – BetOnline has different individual prop and futures bets on the Canadian Hockey League.
  • American Hockey League (AHL) -You can bet on the AHL on BetOnline.
  • IIHF World Championship – There are a wide range of betting options on the IIHF World Championship on Bovada.
  • Euro Hockey Tour – Place live bets on the Euro Hockey Tour on BetOnline.
  • Canada Western Hockey League – You can find betting lines on this league on BetUS.
  • Ontario Hockey League (OHL) – Available on BetWhale.
  • Australian Ice Hockey League – You can make totals and moneyline bets on Melbourne Mustangs, Sydney Bears, etc, on Bovada.

Stanley Cup 2024 Betting Odds

As teams battle to hoist Lord Stanley, we take a look at the chances of the playoff teams lifting the coveted trophy. The table below is a comparison table showing the teams in contention for the 2024 Stanley Cup and the NHL betting apps to visit to get good value.

Teams BetOnline Bovada MyBookie BetUS
Boston Bruins +1100 +1000 +1100 +1000
Carolina Hurricanes +400 +425 +400 +400
Colorado Avalanche +550 +550 +540 +600
Dallas Stars +600 +700 +900 +700
Edmonton Oilers +425 +400 +480 +450
Florida Panthers +475 +475 +490 +450
Nashville Predators +6000 +8000 +6600 +6500
New York Rangers +600 +750 +660 +600
Toronto Maple Leafs +4000 +5000 +4500 +4000
Vancouver Canucks +1800 +2200 +1925 +1800
Vegas Golden Knights +4000 +4000 +1725 +3000

NHL Sports Betting Terminology

Even if you have been betting on the NHL for a while, there are some terms you probably don’t totally understand. For instance, have you ever heard vigorish or sharp money but don’t know what they mean? If this sounds like you, below are some of the most used NHL betting terminologies.

  • Bad beat: This is when a bet that should have easily won loses.
  • Bankroll: It is the total money you have set aside for betting purposes.
  • Chalk: An alternative word for the favorite.
  • Cover: When a -1.5 favorite team wins by two goals, they are said to have covered the spread.
  • Dime line: When the difference in odds’ juice on both sides of a bet is 10 cents (-130 and +140, for instance).
  • Line movement: This is when NHL betting odds change, usually due to a suspension, injury, or change in-game dynamics.
  • Live betting: Betting on a game that is already underway.
  • Moneyline: It is a bet on who wins the game outright, regardless of the victory margin.
  • Period betting: This is a bet on the result of a particular period rather than an entire game.
  • Push: The bet pushes if the final scoreline results in none of the teams covering the spread.
  • Reduced juice: When a betting site’s vigorish is less than most of the competition.
  • ROI: A Return on Investment measures your profit for every dollar wagered.
  • Sharp money: A slang used by bettors for teams that many experts and pro bettors are betting on.
  • Steam: Used to describe a situation where the line moves suddenly in a certain direction
  • Vigorish: Also known as juice, it is the commission a betting site charges on your stake/wager.

The Best NHL Betting Site Online 2024

The NHL offers many betting options, ranging from individual prop bets to futures bets on the post-season show, NHL Draft, and even the regular season. These betting markets are also available on many betting sites. However, the availability of these betting markets isn’t the only thing that makes a betting site ideal for bettors.

We are here to help you find a safe place to bet online. Our recommended NHL betting apps are licensed and completely safe to play. BetOnline, in particular, offers a range of juicy offerings for new and returning customers alike. You may get early betting lines, free-entry contests, props builder, and same-game parlays.

NHL Sports Betting FAQs

What does +1.5 mean in NHL betting?

What is the spread in NHL betting?

Is the NHL hard to bet on?

Which sportsbook has the best odds for the NHL?

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